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ANALYSIS - FMR TELSTRA DIRECTOR FACES INSIDER TRADING CHARGES.

Asia Africa Intelligence Wire

| July 05, 2005 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From Asia Pulse)

SYDNEY, July 5 Asia Pulse - Steve Vizard, like Rene Rivkin, traded shares after becoming privy to confidential information, but that's where the similarity ends.

Rivkin faced criminal charges of insider trading, and was convicted and jailed. He ultimately committed suicide.

Vizard faces civil charges of breaching director's duties. These carry fines and bans, but he cannot be jailed. He is holidaying overseas with his wife and family.

Rivkin made a profit in Qantas shares of a paltry A$346 (US$257).

Vizard lost a packet in dotcom shares - $335,000, according to his spokesman.

Rivkin, by his standards, …

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